SpongeTech (OTCBB: SPNG) and Dibella Partner for ShoBox Event

SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) recently publicized that the Company has partnered with DiBella Entertainment ("DiBella"), a full-service sports and entertainment company and New York's leading professional boxing promoter.

Best Damn Penny Stocks, a leading financial publication, is pleased to alert investors of stocks on the move. Sign Up for our Free Stock Newsletter

SpongeTech is teaming up with DiBella to sponsor the October 2, 2009 tripleheader boxing event that will be telecast by Showtime as part of the ShoBox series. The tripleheader will broadcast live from First Council Casino in Newkirk, Oklahoma. A card of this caliber, and generating this level of interest, made the timing of SpongeTech’s leap into the boxing ring a no brainer. For fans of almost any professional sport, the name SpongeTech has become a part of their watching experience, with ads showing up on TV broadcasts and at the venues of the US Open, MLB, NFL, NBA, NHL games, among many others.

Lou DiBella, the president of DiBella Entertainment, is proud that SpongeTech has decided to use his show as a vehicle for entering yet another pro sport. “SpongeTech is the preeminent sponsor in professional sports at the moment,” said DiBella. “I am glad they chose a show of this quality to enter pro boxing, and I am certain this will be the beginning of a long standing relationship between SpongeTech and DiBella Entertainment.” SpongeTech’s COO, Steven Moskowitz said, "Teaming up with DiBella on the ShoBox event provides SpongeTech an opportunity to further expand our presence in sporting events that have major media coverage and being in the center of the ring will surely showcase our brand name among boxing fans watching the tripleheader. We look forward to participating in additional events with DiBella." The October 2 show epitomizes the principle of the ShoBox series: Young Fighters Matched Tough.

In the main event, top supper middleweight contender and vicious puncher Allan Green (28-1, 20 KOs) will be match another big puncher in Victor Oganov (28-2, 28 KOs). In the cofeature, Antwone Smith (16-1, 8 KOs), on one of the most impressive winning streaks in boxing, will do battle with Henry Crawford (22-0-1, 9 KOs). Also the telecast will be one of the best young fighters in the sport, super middleweight Marcus Johnson (17-0, 14 KOs) will face the toughest challenge of his career in rugged veteran Victor Villereal (8-3, 4 KOs).

Sign up for the free Best Damn Penny Stocks newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.

About Best Damn Penny Stocks

Best Damn Penny Stocks is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.

Please click here to read the full disclaimer